Press "Enter" to skip to content

PBOC injected 560 billion yuan this week via open market operation, the most this year


Chinese central bank has used open-market operations to inject the largest amount of liquidity to the banking system since January so far this week, in order to meet cash demand during the tax payment season.

The People’s Bank of China (PBOC) net injected 560 billion yuan ($79 billion) through reverse repurchase agreements in the four days through Thursday, exceeding the amount it granted during tax season last year.

A gauge of overnight interbank . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting with details, data and perspectives you don't read elsewhere
  • THE WIRE - a real-time financial news platform focused on China
  • Daily Brief newsletter to get you prepared for every trading day
  • An indispensable and reliable source of information on China's economy and financial markets

FREE TRIAL cancel anytime


We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.


Already have an account? Sign In